FROM Daniel J.B. Mitchell
Can Washington Ignore the Biggest State in the Union? In 1975, a local newspaper headline said, "Ford to New York City: Drop Dead." But President Gerald Ford relented and agreed to back loans that kept the city from going bankrupt. Now California is asking Washington for a similar kind of help. Will Washington want to see sick children out on the street? What about the municipal bond market?
New Grocery Workers Contract Regains Benefits It appears that one of LA’s major economic engines will not be shut down by a labor dispute as shipping companies and the Longshore and Warehouse Union reached a tentative agreement today. If it’s ratified, that’s good news for the Ports of Long Beach and Los Angeles. Over the weekend, Southern California grocery workers approved an agreement that brought peace to Vons, Ralphs and Albertsons. Union members got their first raises in five years and the new contract repeals the two-tier pay scales enacted after a 141-day strike and lockout four years ago.
Is America turning its back on the world? President Trump has made no secret of his contempt for the United Nations — and he's not alone. But, will proposed cuts in US contributions be counterproductive to America's role in the world and to national security?
Trump's travel ban and the long-term agenda The Trump Administration's revised travel ban may be good news for some visa holders and others, but it's still being challenged as unconstitutional. Some reporters call it the beginning of a long-term effort to change the demographic make-up of the United States.
CBO: Under GOP plan, millions will lose coverage Republicans are divided and Democrats are saying, "we told you so," when it comes to official estimates of what it will cost to repeal and replace Obamacare. The Trump White House says the Congressional Budget Office is just wrong.